Manappuram Finance pushes the pedal on gold loans as other businesses lose sheen

Manappuram Finance’s Q1 profit rebound was powered by a near-doubling in gold loan AUM, but muted non-gold businesses, rising competition and regulatory changes could test its growth momentum.Manappuram Finance’s Q1 profit rebound was powered by a near-doubling in gold loan AUM, but muted non-gold businesses, rising competition and regulatory changes could test its growth momentum. 

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